HolidayIQ travel community and review service secures investment round, de-merges from Wego
Just two years and four months after uniting with metasearch engine Wego, Indian content site HolidayIQ has split from its sister brand and raised its own funding round.
The investment comes from Accel Partners and Tiger Global Management, the second time the pair have invested in HolidayIQ.
HolidayIQ would not confirm the value of the injection, but Indian media claim it is in the region of $4.5 million to $5 million.
At the time of the merger with Wego in November 2010, both Accel and Tiger invested an undisclosed Series B sum in the newly formed business and operations for HolidayIQ were expected to move to Singapore, home of the Wego brand.